Is Vistancia North, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vistancia North is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Vistancia North was a Buyer's Market.

Key Takeaway

Vistancia North is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Vistancia North, AZ

How much do homes in Vistancia North, AZ cost?

Median Sold Price

$700,000

$301/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$39,510(+6.0%)

Key Takeaway

Homes in Vistancia North have sold for 6% more than they did a year ago.

Summary: The median home sold price in Vistancia North was $700,000 in April 2024, up 6% from last year, and the median price per square foot was $301.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $659.3K$695K
+5.4%
4 $664.4K$760.9K
+14.5%
5+ -$569.5K
N/A

Summary: Vistancia North housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Vistancia North
+6.0%
Vistancia South
-1.7%
Mesquite
-3.5%

Housing Supply in Vistancia North, AZ

How many homes are available in Vistancia North, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2427+12.5%

Summary: The Vistancia North real estate market had 27 homes for sale in April 2024, a 12.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1517
+13.3%
4 910
+11.1%
5+ 00
0.0%

Summary: The Vistancia North housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vistancia North, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Vistancia North in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Vistancia North, AZ

How long does it take to sell a home in Vistancia North, AZ?

Average Sale Time

Apr 2023Apr 2024CHANGE
107 Days47 Days-56.4%

Summary: Homes in Vistancia North had an average of 47 days on market in Apr 2024, down by 56.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Vistancia North has remained consistent over time.

Summary: During April 2024, 4 homes were sold in Vistancia North; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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